Ann Campbell, Matriarch of Mannington, Dies at 98
Salem, NJ, September 27, 2019-Ann C. “Buffy” Campbell passed away on Wednesday, September 25th in Wilmington, Delaware. She was 98 years old.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Futura Industries, Suppler of Trims & Transitions, Joins Starnet
Columbus, OH, September 30, 2019—Starnet has announced that Futura Industries has joined the network as a preferred vendor partner.
Consumer Sentiment Rose 3.8% in September
Ann Arbor, MI, September 27, 2019—Consumer sentiment rose 3.8% to 93.2 in September, according to final results from the University of Michigan.
USFloors Launches New Mineral Core Multilayered Floor During Cersaie
Bologna, IT, September 27, 2019-During the last Cersaie flooring trade show in Italy, USFloors launched its new Ceratouch flooring.
Orders for Manufacturered Goods Ticked Up 0.2% in August
Washington, DC, September 27, 2019-New orders for manufactured durable goods in August increased $0.5 billion or 0.2% to $250.7 billion, the U.S. Census Bureau announced.
Personal Income & Spending Increased in August
Washington, DC, September 27, 2019-Personal income increased $73.5 billion (0.4%) in August, according to estimates released by the Bureau of Economic Analysis.
Lumber Mills Suffering Under U.S.-China Trade War
New York, NY, September 27, 2019-As a fallout of the U.S.-China trade war, U.S. lumber mills are struggling and laying off workers, reports the Wall Street Journal in an article called, “‘It’s a Crisis’; Lumber Mills Slash Jobs as Trade War Cuts Deep” by Austen Hufford.
New Home Sales Rose 7.1% in August, Up 18% YOY
Washington, DC, September 26, 2019-Sales of new single-family houses in August 2019 were at a seasonally adjusted annual rate of 713,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 7.1% above the revised July rate of 666,000 and is 18.0% above the August 2018 estimate of 604,000.
Pending Home Sales Up 1.6% in August
Washington, DC, September 26, 2019—The Pending Home Sales Index climbed 1.6% to 107.3 in August, reversing the prior month’s decrease, according to the National Association of Realtors.
Q2 GDP Remains Steady at 2.0% in Third Estimate
Washington, DC, September 26, 2019-Real gross domestic product (GDP) increased at an annual rate of 2.0% in Q2, according to the third estimate released by the Bureau of Economic Analysis.